Polygon partners with Hi to launch Mastercard NFT debit card

The creators of the Polygon blockchain announced the results of ongoing cooperation with the developers of the Hi financial application. The collaboration parties have done a good job and created a Web3 platform that will allow users to personalize NFT Debit Mastercard debit cards.

The announcement of such an event took place on the Hi website:

We're excited to introduce a new Polygon-based platform that will allow Hi members to create an NFT using their favorite image - whether it's a holiday photo, favorite pet, or online profile - and use it to customize the look and feel of a Web3 Mastercard.

The new NFT Debit Mastercard could enable customers to spend crypto and fiat in more than 90,000,000 stores worldwide. Such a card has advantages in the form of cashback up to 10% and other interesting points.

At the moment, NFT Debit Mastercard is available for registration in 25 countries of Europe and the UK. Later, Polygon and Hi plan to significantly expand the territory where it will be possible to issue such cards.

This is not the only piece of news that Polygon can boast of. The creators of the blockchain, which has become one of the most popular NFT tokens for distribution, have expanded their cooperation with Magic Eden, a marketplace powered by Solana.

According to Magic Eden Polygon, although they are far from competing with Ethereum, they give reason to worry about the creators of Solana and all other blockchains. The marketplace stated that Ethereum remains in the lead and NFT trading volume on Magic Eden in the second week of December was $117,800,000 there. The volume of trading of non-fungible Polygon tokens amounted to $10,240,000, yielding second place to Solana and superiority to Ethereum.